RSG 5.06% 41.5¢ resolute mining limited

The sulphide plant has had insufficient feed from underground at...

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  1. 1,246 Posts.
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    The sulphide plant has had insufficient feed from underground at this stage and operated on a head grade of 1.7 g/t this Q so the reason it's underperforming is obvious .
    As more underground ore becomes available and they cease to rely on low grade stockpiles the head grade will go up and seems recovery as well .
    (When they've used solely u/g ore it's operated +85% recovery .)
    Operations at Syama have turned the corner but improvement will be gradual for a couple of quarters with commissioning and ramping  .
    At this stage I'm not seeing any indications of technology etc not working so presumably all looking good at this stage for a decade of steady underground production .
    Not seeing any reason to be so fixated on something that is at present predictably bad but soon to change .
 
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40.5¢ 41.5¢ 39.5¢ $4.200M 10.27M

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